Argentine exporters are again facing the same problems they encountered during the past two seasons that resulted from selling large volumes of feed barley in the FOB market without covering their obligations in the local market. Soybeans South American soybean exports are feeling pressure from aggressive pricing of soybeans at North American ports. About six cargoes were recently shipped out of North America for China. Trades from the Pacific Northwest (PNW) were at 135 SH and later at 138 SH, while U.S. Gulf (USG) traded at 166 SH for January and later at 154 SH for February. These price levels are extremely aggressive, and margins are assumed to be thin to negative at U.S. ports. Such price action is normally more common in Brazil and...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.